Firms wasting millions due to ‘subscription overload’

The average small business wastes about $600 a year on unused digital tools, a survey by MYOB reveals. (Image: Getty)

Thu, 09 Jun 2022

New Zealand’s small businesses are throwing away $334 million each year on digital tools they're not using, says research by MYOB.A report from the accounting software company says this wastage is a result of the increasing number of subscription software services, combined with growing pressure to digitise to keep up with rivals.Half of the small NZ businesses that were surveyed for the research responded that they were struggling with software applications that weren't able to talk to each other, leading to lost time and money.B...

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